Tuesday 30 August 2016
 
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foreign investment

Iran set to approve new oil contract model

Iran is likely to approve a new model for oil contracts on Wednesday, said the country’s oil minister, adding that priorities will be jointly owned oil and gas fields. Iran hopes to draw as much as $50 billion a year from oi

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Qatar lures foreign money with ownership incentives

Qatar is seeking to draw in more foreign investors and cut its dependence on gas revenues by setting up special economic zones that will allow for 100 per cent overseas ownership. The world's top LNG (liquified natural gas) ex

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Saudi Arabia's cabinet approves new land tax rule

Saudi Arabia's cabinet has approved a tax on undeveloped urban land and rules allowing foreign investors to own 100 per cent of retail and wholesale businesses, the official SPA news agency said on Monday. The 2.5 per cent ann

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Saudi Arabia's cabinet approves new land tax rule

Saudi Arabia's cabinet has approved a tax on undeveloped urban land and rules allowing foreign investors to own 100 per cent of retail and wholesale businesses, the official SPA news agency said on Monday. The 2.5 per cent ann

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Oman to offer pre-cleared mining blocks

Oman’s Public Authority for Mining (PAM) plans to offer ‘investment-ready’ mining concessions that will come bundled with all of the requisite government permits and clearances, a report said. The ‘Ready to

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Hurdles remain as Iran seeks aviation investment

Iran courted Western aviation firms this week with a blueprint of regulatory reforms aimed at setting aside 40 years of sanctions and rebuilding its airways with new jets. But despite talk of a major plane order from Airbus , a ra

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Qatar to ease foreign investment rules

The Qatar Financial Centre will pass a new law in 2016 simplifying procedures for foreign investors and giving them more access to the local market, the centre's chief executive said on Wednesday. "What we will see is a n

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Iran eyes $15bn foreign investment into mining

Iran is targeting $15 billion in foreign investment to develop its mines and mining sector, a report said. “The huge quantities of mineral resources call for attracting and absorbing domestic and foreign sources,” Moha

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Saudi Arabia to allow full foreign ownership in retail

Saudi Arabia will ease restrictions on foreign investors to let them own 100 per cent of retail and wholesale businesses, the government said on Sunday as the world's top oil exporter embarks on a new drive to attract investment and divers

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Etisalat to restructure ahead of foreign investment

United Arab Emirates' telecom giant Etisalat will convert to a public joint stock company from a corporation ahead of opening up shares to foreign investors, the company said. The UAE cabinet has amended articles of associatio

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